Germany, a country where the needs of industry trump the needs of banks, is a notoriously difficult banking market… Read More Shotgun Marriage: Deutsche Bank and Commerzbank Discuss Merger
And other juicy banking nuggets… Read More US Banks Report $251 billion of “Unrealized Losses” on Securities Investments in 2018, the Most Since 2008: FDIC
Relying on monetary policy to prop up asset prices and smooth out global volatility is a recipe for disaster… Read More If Central Banks Are The Only Game In Town, We’ve Lost
Global conditions bear unnerving parallels with trends before the outbreak of the first and second world wars… Read More The “Disintegration” of Global Capitalism Could Unleash World War 3, Warns Top EU Economist
The total amount is twice the amount the U.S. Treasury paid to bail out the auto industry during the last recession… Read More $166 Billion In U.S. Student Debt Is Now Officially Delinquent
“A development that is surprising during a strong economy and labor market”: New York Fed
… Read More Subprime Arrives: Auto-Loan Delinquencies Spike to Great Recession Levels
How to safely navigate the “Year of Instability”… Read More A Survivor’s Guide for 2019
Desperate measures for desperate times?… Read More Lloyds Bank Resurrects 0%-Down Adjustable-Rate Mortgages for First-Time Buyers to Prop Up UK’s Housing Market
Wow, that was fast. Margin calls.… Read More Stock-Market Margin Debt Plummets Most Since Q4 2008
Wage stagnation and austerity have left consumers too poor and indebted to allow stores to generate profits… Read More The British High Street Crisis Is Due to Debt, Not Brexit
This is embarrassing in the land of super-stimulus via the ECB’s negative-interest-rate policy and years of QE… Read More Germany Heads for a Technical Recession
Here’s the evidence… Read More It’s Time to Hear the Ugly Truth: Central Banks Are Propping Up the Market
